MANILA  -Family-led conglomerates Ayala Corp., SM Investments Corp. and Cosco Capital saw strong consumer demand lift earnings in the first quarter while DMCI Holdings booked a sharp decline after riding the commodities boom last year. The Zobel family’s Ayala group said net income from January to March this year climbed 31 percent to P10.2 billion … Continue reading PH conglomerates posted double-digit profit growth in first quarter